{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-016878","form_type":"8-K","ticker":"TWNPQ","cik":"0002011954","company_name":"Twin Hospitality Group Inc.","filed_at":"2025-10-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.307841+00:00","generated_at":"2026-05-17T04:51:14.988494+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Twin Hospitality Group enters $50M equity purchase agreement with White Lion Capital","bullets":["Company may require White Lion to purchase up to $50 million of Class A common stock under three notice types: Fixed, Rapid, VWAP.","Fixed Purchase Price at 85% of lowest daily VWAP over five consecutive days; per-notice cap is 30% of median daily volume or $250,000.","VWAP Purchase Price at 97.5% of VWAP minus $0.05; cap 20% of average daily volume or $200,000. Rapid Purchase Price is lowest traded price or 99% of lowest price after two hours.","Company will issue commitment shares in three tranches totaling $375,000 (based on closing prices) as consideration for White Lion’s commitments.","Facility is unregistered, relying on Section 4(a)(2) and Rule 506(b); Company must file a resale registration statement within 30 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-016878","json":"https://secwatch.observer/filing/0001493152-25-016878.json","markdown":"https://secwatch.observer/filing/0001493152-25-016878.md","text":"https://secwatch.observer/filing/0001493152-25-016878.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2011954/000149315225016878/0001493152-25-016878-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2011954/000149315225016878/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:51:14.988494+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}